Economics is similar to other social science disciplines in that it examines individual and social behavior
Indicate whether the statement is true or false
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Use the following graph for the federal funds market to answer the next question.
If the Fed wants to raise the federal funds rate by one-half of a percentage point, it should ________.
A. act to increase reserves by $50 billion B. buy bonds from banks and the public C. act to reduce reserves by $50 billion D. pursue an expansionary monetary policy
The Federal Reserve considers any business with less than __________ employees to be "small."
A) 10 B) 100 C) 500 D) 1500
If a corporation acquires more debt to make itself a less attractive target for hostile takeover,
a. the value of the stock rises b. the proceeds are used to pay stockholders a one-time dividend c. this strategy will fail since it won't be able to raise funds d. it will use these funds to purchase new equipment e. the corporation will become a more attractive target
Many personal finance magazines such as Money and Smart Money routinely give advice as to which stocks to buy. Should you take their advice?